NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL)

Competitors to NGL ENERGY PARTNERS LP Common Units representing Limited Partner Interests (NGL)

EnLink Midstream, LLC 

EnLink Midstream competes with NGL Energy Partners in the transportation and processing of natural gas and NGLs. Both companies offer midstream services, but EnLink has positioned itself as a leader in the Gulf Coast region, capitalizing on favorable geographical advantages. Additionally, EnLink’s diverse service offerings and emphasis on customer service give it a competitive edge in attracting and retaining clients.

Genesis Energy, L.P. 

Genesis Energy functions similarly to NGL Energy Partners by offering transportation and logistics services for crude oil and NGLs. However, Genesis has a stronghold in the Gulf Coast and an established customer base, which helps it maintain competitive pricing and service reliability. Their strong financial backing and strategic asset base provide significant leverage in negotiations with customers, which is a competitive advantage.

Magellan Midstream Partners, L.P.

Magellan Midstream Partners operates a comprehensive network of pipelines and storage facilities that transport refined petroleum products and crude oil, similar to NGL Energy Partners' services. Magellan’s established presence and reputation allow it to leverage customer loyalty, giving them an edge in securing long-term contracts. Their focus on refined products also diversifies their portfolio compared to NGL's broader energy logistics model.

Plains All American Pipeline, L.P.

Plains All American Pipeline is a direct competitor to NGL Energy Partners in the transportation and logistics of crude oil and natural gas liquids. Both companies operate extensive pipeline networks and terminals that facilitate the movement of these energy resources. Plains has a larger market capitalization and more extensive pipeline infrastructure, giving it a competitive advantage in terms of operational scale and customer reach.

Targa Resources Corp. 

Targa Resources Corp. primarily competes with NGL Energy Partners in the natural gas liquids sector and transportation of hydrocarbons. While NGL focuses on a broader range of services, Targa’s specialized expertise in natural gas processing and logistics provides it with a competitive niche. Targa's recent expansions and innovative technologies enhance its competitive position, particularly in the NGL markets.